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Tag: Binance

Binance is a cryptocurrency exchange that allows users to trade more than 100 different digital assets. It has been considered the largest trading volume exchange platform in the world since 2018.
Legal form: company
Founder: Changpeng Zhao
Foundation: July 2017
Type: exchange, bitcoin trading, cryptocurrency trading
Website: www.binance.com

BNB Cross-Chain Bridge Hacked

After a short downtime Thursday night due to reports of an exploit, which proved out to be genuine, Binance’s BNB Smart Chain (BSC) went back up early Friday morning. Binance said that on Thursday, additional BNB were created on the exchange’s cross-chain bridge, BSC Token Hub, leading to a theft of at least $70 million (Cointelegraph). With a market worth of almost $46 billion, BNB is the fourth biggest digital asset. The...

$BNB, Binance, Front page, Hacks, News

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Circle adds 5 new blockchains after Binance delisting

On Wednesday, Circle, the firm behind the second biggest stablecoin in the world, said that it will be expanding USDC‘s availability to five more blockchains. The company behind USD Coin (USDC) and Euro Coin (EUROC), Circle Internet Financial, has shared plans to expand into five other major blockchains. In early 2023, Circle intends to introduce its stablecoin on the following blockchains: Arbitrum, Cosmos, NEAR, Optimism, and...

$USDC, Binance, COSMOS, Cryptocurrencies, Front page, News, Stablecoins

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Binance will stop supporting rival stablecoin USDC

Binance, the issuer of the world’s third-largest stablecoin, said on Monday that, beginning on September 29, it would convert customers’ holdings in USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) in an effort to “improve liquidity and capital-efficiency for consumers.”, a decision that has perplexed many crypto fans. As a result of the move, the world’s largest crypto exchange...

$BUSD, $USDC, Binance, Front page, News, Stablecoins

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Terra Anchor Protocol-Based $ANC Token listed on Binance

Binance, the biggest cryptocurrency exchange in the world by reported volume, has announced that the Anchor Protocol token ($ANC) will be listed on its platform. The exchange made the announcement today via a tweet. #Binance will list @anchor_protocol $ANC https://t.co/oFevO9BCkS— Binance (@binance) January 25, 2022 Anchor protocol also celebrated the news with a retweet. Love to see it. $ANC on @binance!...

Binance, Cryptocurrencies, DeFi, Exchanges, Extra, Front page

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Safemoon

What is Safemoon? SafeMoon is a DeFi token (decentralized finance token) that offers fractional cryptocurrency trading, blockchain-based loans, and commission-free exchanges. It is built on the Ethereum network. SafeMoon has three unique functions that take place during each trade; Reflection, LP Acquisition, and Burn. These features protect smart contracts from hacks and keep the contract environment safe. It was created at the...

$SAFEMOON, Binance, Coins

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